Charles Hoskinson (born 5 November 1987[1] on Maui,[2] Hawaii) is an American entrepreneur who is a co-founder of the blockchain engineering company IOHK, and the Cardano blockchain platform,[3] and was a co-founder of the Ethereum blockchain platform.[4]
Early life and education
Hoskinson attended Metropolitan State University of Denver and the University of Colorado Boulder to study mathematics.[5]
Career
In 2013, Hoskinson quit a consulting job to begin a project called the Bitcoin Education Project. According to Hoskinson, the limited supply makes Bitcoin like a digital form of gold.[6][7]
He joined the Ethereum team as one of five original founders with Vitalik Buterin in late 2013[8][9] and held the position of chief executive. Buterin and the Ethereum team removed Hoskinson in 2014 after a dispute over whether the project should be commercial (Hoskinson's view) or a nonprofit (Buterin's view).[8][9]
In late 2014, Hoskinson and former Ethereum colleague Jeremy Wood formed IOHK (Input Output Hong Kong), an engineering and research company, to build cryptocurrencies and blockchains.[6] IOHK's key project is Cardano, a public blockchain and smart contract platform that hosts the ADA cryptocurrency.[6][10] Hoskinson did not pursue venture capital for Cardano, saying that it ran counter to the blockchain's principles.[11] Hoskinson has also said that venture capital involvement might lead to an outsized control of a project.[12]
IOHK has sponsored research focused on blockchain technology at the University of Edinburgh, Tokyo Institute of Technology, Stanford University, and the University of Wyoming.[13][14][15]
Forbes magazine estimated Hoskinson's wealth as $500m–$600m in 2018.[16]
Philanthropy
In September 2021, Hoskinson donated $20 million to Carnegie Mellon University's philosophy department to establish and run the Hoskinson Center for Formal Mathematics with the goal of studying formal logical systems.[17][18]
Hoskinson contributed $1.5 million to fund a 2023 Galileo Project expedition led by astronomer and "alien hunter" Avi Loeb to explore debris from the meteorite CNEOS 2014-01-08 (also called IM1) that crashed into the Pacific Ocean in 2014.[19][20][21] Loeb argued that this object could have been created by alien life, an idea that lacked widespread support from the scientific community.[22][20][21] The expedition reported finding tiny metallic spheres from the object on the ocean floor. Loeb claimed his team's analysis of these spherules did not match any known alloy, though it was unclear whether they were artificial or natural in origin.[23][24] However, a paper published by the American Astronomical Society In October showed that the chemical compositions provided by Loeb's analysis most closely matched human-produced coal ash.[25]
Personal life
As of 2022, Hoskinson purchased an 11,000-acre buffalo ranch near Wheatland, Wyoming, donated equipment to the Platte County Sheriff's Office, and purchased a restaurant in Wheatland.[26][27] He also has a farm in Boulder, Colorado.[27]
In 2023 Hoskinson, along with his father and brother, who are both physicians, opened the Hoskinson Health and Wellness Clinic in Gillette, Wyoming. The clinic focuses on anti-ageing and regenerative medicine. The director of the clinic said it had cost $18 million. Hoskinson said cryptocurrency would be accepted in the future.[28]
Hoskinson was criticised after his private jet was ranked among the top 15 biggest polluters in the US on the Climate Jets website. Commentators contrasted the "green" reputation of Cardano with Hoskinson's personal travel. He defended his jet use, saying the plane had been used for charters for the band Metallica and film industry workers.[29]
Political views
In 2007, Hoskinson, "an anti-war Republican college student with an interest in monetary policy", worked as a fundraiser for the Republican presidential campaign of the Texas congressman Ron Paul. However, he grew disillusioned with the prospects for anti-government activism. "Libertarianism has always had a [bank] check it can't cash," he said, "Just because we distrust the government doesn't mean we don't need a governing structure." He then discovered bitcoin and began exploring cryptocurrency.[30]
In May 2024, Slate magazine reported that Hoskinson was one of the technology and finance "disrupters" who were backing Robert F. Kennedy Jr.'s 2024 presidential campaign.[31]
Hoskinson announced a new political action committee called "Wyoming Integrity" in February 2025, followed by a meeting with Wyoming state lawmakers. He intended to challenge the way the state had excluded Cardano from plans for a state stablecoin.[32][33]
External links
References
- Today (Nov 5th) is my birthday. I'm 35. 5 November 2022^
- Time for a few days in Maui, my birthplace 14 March 2025^
- Jim Duffy. Will Cardano shake finance to its foundations? Jim Duffy comment The Scotsman, June 3, 2020, retrieved June 11, 2020^
- Robert Hackett. Ethereum Cofounder Says Blockchain Presents 'Governance Crisis' Fortune, April 8, 2019, retrieved April 1, 2020^
- IOHK^
- Angel Au-Yeung. A Fight Over Ethereum Led A Cofounder To Even Greater Crypto Wealth Forbes Magazine, February 7, 2018, retrieved July 12, 2020^
- Constance Gustke. Does digital currency have staying power? BBC, July 3, 2013, retrieved November 1, 2020^
- Camila Russo. Ethereum Co-Founder Says Crypto Coin Market Is a Time-Bomb Bloomberg, July 18, 2017, retrieved April 22, 2020^
- Nick Paumgarten. The Prophets of Cryptocurrency Survey the Boom and Bust The New Yorker, 15 October 2018, retrieved 25 March 2022^
- Eri Sugiura. Startups push blockchain beyond cryptocurrency Nikkei Asian Review, July 2, 2018, retrieved June 12, 2020^
- Ephrat Livni. Venture Capital Funding for Crypto Companies Is Surging The New York Times, December 1, 2021, retrieved December 7, 2021^
- Ephrat Livni. Jack Dorsey and venture capitalists clash over the future of cryptocurrency. The New York Times, December 22, 2021, retrieved December 22, 2021^
- Oscar Williams-Grut. The University of Edinburgh is launching a blockchain research lab with one of the cofounders of Ethereum Business Insider Australia, February 24, 2017, retrieved March 28, 2020^
- Stanford IOG Research Hub tselab.stanford.edu, retrieved 2023-04-20^
- Eve Hamilton. University of Wyoming Receives $500,000 Cryptocurrency Donation KGAB AM650, February 14, 2020, retrieved May 5, 2020^
- Angel Au-Yeung. A Fight Over Ethereum Led A Cofounder To Even Greater Crypto Wealth Forbes, 7 February 2018, retrieved 12 February 2023^
- Carnegie Mellon Receives $20 Million to Establish Hoskinson Center for Formal Mathematics in Dietrich College Carnegie Mellon University, September 2021, retrieved September 27, 2021^
- Jordyn Hronec. Blockchain entrepreneur gifts $20 million to Carnegie Mellon University to establish mathematics center Pittsburgh Business Times, www.bizjournals.com, September 22, 2021, retrieved September 27, 2021^
- Seth Fletcher. How a Harvard Professor Became the World's Leading Alien Hunter The New York Times, 2023-08-24, retrieved 2024-08-14^
- Katrina Miller. Scientist's Deep Dive for Alien Life Leaves His Peers Dubious - Avi Loeb, a Harvard astrophysicist, says that material recovered from the seafloor could be from an extraterrestrial spacecraft. His peers are skeptical. + comment The New York Times, 24 July 2023, retrieved 6 September 2023^
- Keith Kloor. How Wealthy UFO Fans Helped Fuel Fringe Beliefs Scientific American, August 25, 2023, retrieved September 6, 2023^
- Rich Tenorio. Avi Loeb's claims of finding possible alien technology are polarizing scientists Times of Israel, July 27, 2023, retrieved September 6, 2023^
- Becky Ferreira. Scientists Are Hunting for Alien Objects in the Ocean, And They've Just Found Something Vice, 2023-06-21, retrieved 2023-08-29^
- Why a Harvard professor thinks he may have found fragments of an alien spacecraft The Independent, 2023-07-05, retrieved March 24, 2024^
- No, Those Weird Spherules Weren't Alien Tech Popular Mechanics, 2023-11-14, retrieved 2024-05-01^
- New Wheatland resident comes bearing gifts PC Record Times, retrieved 2022-07-29^
- Noah Zahn Wyoming Tribune Eagle. Wyoming crypto billionaire to get involved in politics, announcing new PAC Wyoming News Now, 2025-02-01, retrieved 2025-02-06^
- A new clinic in Gillette is seeking to change the healthcare scene in Campbell County and beyond Wyoming Public Media, 2022-09-29, retrieved 2023-11-06^
- Climate Concern Outs Crypto Founder for Modest Bizjet Usage www.aero-news.net, retrieved 2023-11-06^
- Ben Schreckinger. Ron Paul's Revenge Politico, 4 May 2022, retrieved 30 May 2024^
- Nitish Pahwa. RFK Jr.'s Long-Shot Bid Is Shockingly Alive. Thank His Brain Worm Coalition. Slate, 2024-05-15, retrieved 2024-05-30^
- Wyoming Could Still Meet Deadline To Issue Digital Stable Token By End Of Year Cowboy State Daily, retrieved 2025-02-06^
- Noah Zahn Wyoming Tribune Eagle. Wyoming crypto billionaire to get involved in politics, announcing new PAC Eastern Progress, 2025-02-01, retrieved 2025-02-06^